Tariff rate, most favored nation, simple mean, all products in Bhutan
Bhutan: Tariff rate, most favored nation, simple mean, all products was 9.8% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, all products in Bhutan, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, all products in Bhutan stood at 9.8%.
That represents a change of up 0.6% on the previous year and down 55.9% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Bhutan peaked at 22.4% in 2019 and was at its lowest, 9.8%, in 2021.
That places Bhutan 80th out of 186 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Tariff rate, most favored nation, simple mean, all products in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 15.3% | — |
| 2002 | 16.6% | +8.8% |
| 2004 | 22.1% | +33.1% |
| 2005 | 22.1% | +0.0% |
| 2007 | 21.9% | -1.1% |
| 2015 | 22.3% | +1.9% |
| 2019 | 22.4% | +0.6% |
| 2020 | 22.4% | -0.0% |
| 2021 | 9.8% | -56.5% |
| 2022 | 9.8% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.3% | 15.3% | 15.3% | 1 |
| 2000s | 20.7% | 16.6% | 22.1% | 4 |
| 2010s | 22.4% | 22.3% | 22.4% | 2 |
| 2020s | 14.0% | 9.8% | 22.4% | 3 |
Countries ranked near Bhutan
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.4% (2025)
- Manufactures imports 70.4% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2235 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.1 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, all products in Bhutan?
- Tariff rate, most favored nation, simple mean, all products in Bhutan was 9.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Bhutan?
- The highest recorded value was 22.4% in 2019.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Bhutan?
- The lowest recorded value was 9.8% in 2021.
- How does Bhutan rank for tariff rate, most favored nation, simple mean, all products?
- Bhutan ranks 80th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Bhutan?
- Over the last ten years it is down 55.9%. The long-run trend across the full record is falling.
- Where does this Bhutan data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups.